Pirelli
PIRC.MI
#2597
Rank
โ‚ฌ5.18 B
Marketcap
5,19ย โ‚ฌ
Share price
0.43%
Change (1 day)
14.72%
Change (1 year)
Categories

Operating Margin for Pirelli (PIRC.MI)

Operating Margin as of November 2024 (TTM): 8.96%

According to Pirelli 's latest financial reports and stock price the company's current Operating Margin is 8.96%. At the end of 2022 the company had an Operating Margin of 10.89%.

Operating Margin history for Pirelli from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202210.89%3.67%
202110.51%147.81%
20204.24%-70.2%
201914.23%20.95%
201811.77%11.16%
201710.58%-9.11%
201611.65%-23.56%
201515.23%44.9%
201410.51%-1.82%
201310.71%-9.34%
201211.81%21.47%
20119.72%15.62%
20108.41%-41.31%
200914.33%231.61%
20084.32%-65.28%
200712.44%-56.71%
200628.75%65.15%
200517.41%-23.83%
200422.85%485.31%
20033.90%-33.92%
20025.91%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.